The company completed a $23.9m capital raise last year to reset its balance sheet.
AMP Financial Services New Zealand has reported a 2% increase in operating earnings to $68 million and a 2% rise in underlying profit to $77 million in the year ended December 2009. The company credited the improvement to a reduction in costs as well as
New Zealand's high exchange rate has pushed prices for capital goods down further.Today's release of Statistics New Zealand's Capital Goods Index shows a fall of 1.1% in plant and machinery costs in the December quarter – a change mostly driven by f
KiwiSaver growth funds have had another strong quarter but they still lag behind default funds in performance over the last two years, according to Mercer's latest KiwiSaver survey.Growth funds led all categories in the quarter to December 31 with a media
As confidence grows investors are shifting towards investments with greater potential returns but property remains the top pick, according to a new survey.Investor confidence has climbed to the highest recorded level since the ASB Investor Confidence surv
Revenue outperformed its prospectus forecasts.
Retirement operator sees 30% growth in 'deferred management fees'.
Listed fund manager says its office portfolio is of sufficient quality and scale to launch as a product.
IFT's dividend outlook remains 'stable' despite uptick in earnings from acquisition.
